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7 July 2023 | 8 replies
In some cases, the borrower will end up getting another bridge loan because the rate adjustments with a DSCR loan can be crazy, while a bridge loan is more cut and dried.
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9 July 2023 | 8 replies
Could include heating/air, oven, dishwasher, washer dryer.Rekey locksClean out exit plumbing so the new tenant starts fresh and any hair clogs will be the new tenant's.Make sure fans (kitchen and bath) are functionalFlush and inspect water heater.Check under sinks and around toilets/showers for any signs of leaking/moisture damage.
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8 July 2023 | 40 replies
When the Fall hits and that income dries up, some of these individuals who bought high will throw in the towel.
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7 November 2021 | 50 replies
@Will Barnard I can't say that BP hasn't helped my career and REI education enormously, but there have been plenty of missteps...when Josh and Brandon were picking up momentum, the content provided was rushed in front of people with some obvious deficiencies...and podcast guests were not closely vetted...you have guys like Michael Quarles openly bragging as a licensed real estate broker negotiating sellers out of their equity and building wealth by performing open listings...beat people down on price and stick the property on MLS before the ink dries on the contract...and all the while new investors standing by with their jaws hung open in amazement at what an investment career he has made...there are plenty more examples....BP does bear culpability for facilitating discussions on the forums where individuals are implicitly brokering deals without a license or in clear intentional violation of their state laws.
19 July 2023 | 0 replies
As I really wanted to renovated the first floor but if my closing cost are 21k I will be dry on cash.
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13 September 2019 | 14 replies
As for which market you should buy a handful of houses you are really splitting hairs.
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17 July 2023 | 18 replies
If you're moving furniture, you won't need to worry about the weather because everything stays dry under the roof.
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17 July 2023 | 4 replies
The wood around the PEX appears to be bone dry.
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17 November 2020 | 2 replies
If you wanted to maximize cash flow, what strategy would you take with $50k of dry powder.